ADO 0.00% 2.1¢ anteotech ltd

Ann: Notice of Exercise of Options, page-4

  1. 2,256 Posts.
    lightbulb Created with Sketch. 416
    Fair call Cooky. Why buy and push the sp higher and then have 64 million shares potentialy dumped to take the sp lower again.

    Ideally the company needs to come up with an excellent announcement in relation to sales or funding before the end of March.

    This will both support a higher price and make the option conversion (only about $2M) largely irrelevant depending on the level of funding.

    I don't have any options, so don't care either way, apart from an element of dilution if all the options are converted.

    Hopefully the ann the Capt referred to earlier today puts a smile on all our faces soon.
 
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